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Nov 17, 2012
11/12
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CNN
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ronald reagan was in the white house. over 18 years greenspan led the central bank of the world's chargest economy through good times and bad. now six years after he's left the job, his successor ben bernanke is warning of the danger of plunging over the fiscal cliff. i've been warning you about the catastrophic effects that could have on america's already fragile recovery. but some say that it's fear mongering. i spoke with allen greenspan who was in washington at a peterson foundation event to discuss the fiscal cliff and i asked him point blafrpnk, do you believe u.s. can go in a recession as a result of the fiscal cliff? >> most certainly. remember, all the forecasts come off models which didn't catch the 2008 crisis. and so you have to be very careful about using them to evaluate this type of problem. >> the last time washington faced the expiration of the bush era tax cuts in 2010, you said in interviews they should follow the law and let them expire for everyone. now putting aside the other parts of the fiscal clif
ronald reagan was in the white house. over 18 years greenspan led the central bank of the world's chargest economy through good times and bad. now six years after he's left the job, his successor ben bernanke is warning of the danger of plunging over the fiscal cliff. i've been warning you about the catastrophic effects that could have on america's already fragile recovery. but some say that it's fear mongering. i spoke with allen greenspan who was in washington at a peterson foundation event...
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Nov 17, 2012
11/12
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CSPAN
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in a nutshell, what ronald reagan understood was a conservatism was not defined by its resentment. but which actually had a smile on its face. much like reagan himself. that is why it into a curious sort of way, it seems republicans, not out of breath out -- not out of nostalgia am i think for conservatives you can do a lot worse thing go back and look at the real reagan. the pragmatic reagan. the reagan who was willing under certain circumstances to raise taxes. the reagan willing to put dick on his ticket in '76 or george bush four years later. >> the tax policies that some precedent. do you think the fiscal cliff and the presence of the debt ceiling are enough to overcome this culture of obstruction? >> i am not sure it will overcome the culture of destruction. that is in many ways an outgrowth of the political system that we have built. on the other hand, you may not have to overcome the culture of obstruction. only have to pick up -- pick off x number members of congress. >> he said it was time for republicans to stopping this departed. whether you agree with that are not -- s
in a nutshell, what ronald reagan understood was a conservatism was not defined by its resentment. but which actually had a smile on its face. much like reagan himself. that is why it into a curious sort of way, it seems republicans, not out of breath out -- not out of nostalgia am i think for conservatives you can do a lot worse thing go back and look at the real reagan. the pragmatic reagan. the reagan who was willing under certain circumstances to raise taxes. the reagan willing to put dick...
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Nov 17, 2012
11/12
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MSNBC
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back in 1982, even the gop hero ronald reagan instituted one of the largest tax increases in modern american history. what's going on? i this i it comes down to one important word, than word actually isn't taxes. it's power. here at the fiscal cliff base camp are the same players in the same chairs, the same issues as 2011 but man, the power dynamics have changed. if last year the name of the game was hold the line, this year the opening salvos are more about let's get things done. here is house speaker john boehner yesterday after meeting with the president. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. to show our seriousness, we've put revenue on the table. >> now, in politics, much of power is about perception. in a post re-election 2012, perceptions are mighty different. here's the president at his first post re-election press conference on wednesday. >> if there was one thing that everybody understood was a big difference between myself and mr. romney, it was when it comes to how we redu
back in 1982, even the gop hero ronald reagan instituted one of the largest tax increases in modern american history. what's going on? i this i it comes down to one important word, than word actually isn't taxes. it's power. here at the fiscal cliff base camp are the same players in the same chairs, the same issues as 2011 but man, the power dynamics have changed. if last year the name of the game was hold the line, this year the opening salvos are more about let's get things done. here is...
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Nov 17, 2012
11/12
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reagan did. >> when you talk about pulling that coalition together, how do you do that? in this election, the republicans lost every group of color, african-americans, they lost asian-americans, they lost hispanic americans. yes, you need to bring that coalition together but the question is how do you do it? >> politics is a game of inches. you try to improve with every conceivable subset across the country in these communities. they way you do it is a lot like in your personal life. you're making riche ing relatio friendships and talk to them to see what they think are the policies to make this country better. president george w. bush did that well and other republicans inside the party do that extremely well in addition to him. the key is this. our party does not need to change its beliefs. its beliefs are still very popular across the country. i think the way we've explained what we want to do has really fallen short and that's the easier problem to fix. >> i want to read you something from "politico" this week. "the people have spoken. i think we're going to have to
reagan did. >> when you talk about pulling that coalition together, how do you do that? in this election, the republicans lost every group of color, african-americans, they lost asian-americans, they lost hispanic americans. yes, you need to bring that coalition together but the question is how do you do it? >> politics is a game of inches. you try to improve with every conceivable subset across the country in these communities. they way you do it is a lot like in your personal...
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Nov 17, 2012
11/12
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CSPAN2
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the statistics you compare that to us when ronald reagan ran for reelection in 1984, the similar situation he raised money for his primary and the party come even though he took the public general election funding he attended for fundraisers in that year. what are we doing when we have the president running around? as i recall the nevada event after libya was a fundraiser. this is the fourth of his time in office is this election year and a spinning in a fundraisers. romney skeen skeen videotaped it is fundraisers talking about the 47% in a private room with people that's what they want to hear. that's who he's meeting with all the time. so this is a problem for both sides and were going to see the pressure in the house and senate races. >> we only have a minute left, but it does to hear if there is an action of some sort taken to compel disclosure or the higher degree of independence for whatever measures the face. the vision of the future two, three, four cyclists on the road butter politics is going to look like. you were describing a minute ago the growth of the party structure compose
the statistics you compare that to us when ronald reagan ran for reelection in 1984, the similar situation he raised money for his primary and the party come even though he took the public general election funding he attended for fundraisers in that year. what are we doing when we have the president running around? as i recall the nevada event after libya was a fundraiser. this is the fourth of his time in office is this election year and a spinning in a fundraisers. romney skeen skeen...